Global Broker Regulation Inquiry App
WikiFX
Regulated
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/10
PatronFX
Cyprus
|
10-15 years
|
Regulated in Cyprus
|
Straight Through Processing (STP)
|
MT4 Full License
|
Global Business
|
High potential risk
https://www.patronfx.com/eu/
Website
Rating Index
MT4/5 Identification
MT4/5 Identification
Full License
17
Server Name
ForexTB-Live MT4
Server Location 
Ireland
IrelandContact
info@patronfx.com
https://www.patronfx.com/eu/
Lemesou Avenue 138, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus
Licenses
Licensed Entity：FOREX TB Ltd
License No. 272/15
Keywords 6
10-15 years
Regulated in Cyprus
Straight Through Processing (STP)
MT4 Full License
Global Business
High potential risk
Warning: Low score, please stay away!
2025-10-28
- The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
Basic Information
Registered Region Cyprus
CyprusOperating Period
10-15 years
Company Name
Forex TB Limited
Abbreviation
PatronFX
Company employee
--
Customer Service Email Address
info@patronfx.com
Company Website
Company Address
Lemesou Avenue 138, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus
Account
Related Software
Website
Genealogy
Company Summary
Disclosure
Comment
Account
Environment
--
Currency
--
Maximum Leverage
1:400
SupportedEA
Minimum Deposit
€250,000
Minimum Spread
as low as EUR/USD1.6 GBP/USD2.0 USD/JPY1.9
Depositing Method
--
Withdrawal Method
--
Minimum Position
--
Commission
--
Products
--
Updated：
2025-10-28
MT4/5
Full License MT4
2
MT4 Servers
0
MT5 Servers
183.50
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 4
Perfect
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Official website
Website
patronfx.com
91.192.224.142
Server Location
PolandICP registration
--
Most visited countries/areas
--
Domain Effective Date
2015-05-15
Website
WHOIS.RRPPROXY.NET
Company
KEY-SYSTEMS GMBH
Genealogy
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Company Summary
| PatronFX Review Summary | |
| Founded | 2015 |
| Registered Country/Region | Cyprus |
| Regulation | CySEC |
| Market Instruments | Forex, Commodities, Indices, Shares, Cryptocurrencies |
| Demo Account | ✅ |
| Leverage | Up to 1:30 (retail clients)/ 1:400 (pro clients) |
| EUR/USD Spread | 3.0 pips (Basic account) |
| Trading Platform | WebTrader, Mobile Web |
| Minimum Deposit | €250 |
| Customer Support | Phone: +357 22266707 |
| Email: compliance@forextb.com | |
| Address: Lemesou Avenue 138, 2nd Floor, Office 108, 2015 Strovolos, Nicosia, Cyprus | |
PatronFX Information
CySEC has given Forex TB Ltd. permission to run PatronFX since 2015. The company is based in Cyprus. The broker lets you trade CFDs on more than 270 assets, such as forex, indices, stocks, and cryptocurrencies. It has different account levels with flexible terms and conditions, and it mainly works in the EU and Switzerland.
Pros and Cons
| Pros | Cons |
| CySEC regulated | Limited to EU + Switzerland |
| Various trading instruments | Wide spreads |
| Multiple account types | High minimum deposit |
| Free withdrawals for higher-tier accounts | No live chat support |
Is PatronFX Legit?
Yes, PatronFX is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 272/15.
| Regulated by | Cyprus Securities and Exchange Commission (CySEC) |
| Licensed Institution | Forex TB Ltd |
| Current Status | Regulated |
| License Type | Straight Through Processing (STP) |
| License Number | 272/15 |
What Can I Trade on PatronFX?
PatronFX provides over 270 CFD instruments, including major and minor forex pairs, popular commodities, indices, stocks, and cryptocurrencies.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| Cryptocurrencies | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
PatronFX offers 4 types of real accounts and one demo account.
| Account Type | Minimum Deposit |
| Basic | €250 |
| Gold | €25,000 |
| Platinum | €100,000 |
| VIP | €250,000 |
Leverage
| Client Type | Maximum Leverage |
| Retail | 1:30 |
| Professional | 1:400 |
Note that higher leverage can improve profit potential while also increasing risk, therefore appropriate risk management is crucial.
PatronFX Spreads
PatronFXs trading fees are higher than average for the Basic accounts but become more competitive with larger deposits.
| Account Type | Basic | Gold | Platinum | VIP |
| EUR/USD | 3.0 pips | 2.7 pips | 2.1 pips | 1.6 pips |
| GBP/USD | 3.4 pips | 3.1 pips | 2.5 pips | 2.0 pips |
| USD/JPY | 3.3 pips | 3.0 pips | 2.4 pips | 1.9 pips |
| Crude Oil | $0.12 | $0.11 | $0.10 | $0.08 |
Trading Platform
PatronFX provides its WebTrader and Mobile Web App for users.
| Trading Platform | Supported | Available Devices | Suitable for |
| WebTrader | ✔ | Desktop, Web | / |
| Mobile Web App | ✔ | iOS, Android | / |
| MT4 | ❌ | / | Beginners |
| MT5 | ❌ | / | Experienced traders |
Deposit and Withdrawal
PatronFX accepts payment via Vias, MasterCard, PayPal, Skrill, Neteller, MyBank, RapidTransfer, and PayByBank.
| Account Type | Free Withdrawal |
| Basic | 1 |
| Gold | 1/month |
| Platinum | 3/month |
| VIP | Unlimited |
Keywords
- 10-15 years
- Regulated in Cyprus
- Straight Through Processing (STP)
- MT4 Full License
- Global Business
- High potential risk
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